Magic Leap, the secretive augmented reality startup, is raising an $827 million Series C round, according to Forbes. The new round would bring Magic Leap’s total funding to $1.4 billion and its valuation to $3.7 billion. Magic Leap is yet to release a product, but promises special eyeglasses which are able to layer digital images on top of the real world.
Big data company Palantir Technologies has announced $129 million in new funding. The company previously reported a $555 million private round, and the new funding values Palantir at $20 billion. In July the Palo-Alto-based company closed a $450 million round, then added $105 million in October and now $129 million was announced on Wednesday. The company’s previous investors include In-Q-Tel, the venture capital firm of the U.S. federal government, Founders Fund and Tiger Global Management. Palantir software is used by the likes of the CIA and FBI.
SnapLogic, an enterprise integration platform as a service for big data, closed a $37.5 million financing round. Microsoft and Silver Lake Waterman joined existing investors Andreessen Horowitz, Ignition Partners and Triangle Peak Partners in the funding round. The company will use the funds to accelerate its growth and expand internationally. “As enterprises transition to the cloud and need new ways to get maximum value from their data, SnapLogic is poised to lead the market with a faster, modern platform that can connect cloud and on-premises applications, big data and the Internet of Things,” said Scott Kupor, managing partner at Andreessen Horowitz. “We’re excited to continue to work with SnapLogic because they have the right technology and team at the right time.”
Indian logistics startup BlackBuck has raised $25 million in funding. Tiger Global and Yuri Milner participated in the round, as did previous backers Flipkart and Accel. BlackBuck is on online freight booking marketplace, which helps companies move full truckloads of products between cities.